STEO Table Browser : International Crude Oil and Liquid Fuels Supply, Consumption, and Inventories

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Date Published : March 10, 2009
Next Update : April 14, 2009

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Table 3a. International Crude Oil and Liquid Fuels Supply, Consumption, and Inventories Million Barrels per Day, Except OECD Commercial Stocks
	2006	2007	2008	2009	2010
Supply^a (million barrels per day)
OECD	21.59	21.46	20.93	20.79	20.56
U.S. (50 States)	8.33	8.46	8.49	8.94	9.14
Canada	3.29	3.42	3.35	3.45	3.54
Mexico	3.71	3.50	3.19	2.90	2.70
North Sea^b	4.78	4.54	4.31	3.92	3.67
Other OECD	1.48	1.54	1.59	1.59	1.51
Non-OECD	62.95	62.97	64.53	62.74	64.83
OPEC	34.74	34.39	35.71	33.78	35.44
Crude Oil Portion	30.45	30.06	31.25	28.91	29.84
Other Liquids	4.30	4.33	4.46	4.86	5.60
Former Soviet Union	12.15	12.60	12.52	12.41	12.56
China	3.86	3.91	3.97	4.00	4.01
Other Non-OECD	12.20	12.06	12.33	12.56	12.82
Total World Production	84.54	84.43	85.46	83.53	85.39

Non-OPEC Production	49.80	50.04	49.75	49.76	49.95
Consumption^c (million barrels per day)
OECD	49.56	49.13	47.47	45.84	45.76
U.S. (50 States)	20.69	20.68	19.42	19.00	19.21
U.S. Territories	0.34	0.32	0.27	0.26	0.26
Canada	2.30	2.37	2.34	2.27	2.23
Europe	15.68	15.30	15.22	14.59	14.42
Japan	5.20	5.01	4.80	4.55	4.46
Other OECD	5.36	5.46	5.43	5.17	5.18
Non-OECD	35.42	36.77	38.18	38.43	39.38
Former Soviet Union	4.20	4.20	4.34	4.31	4.31
Europe	0.76	0.78	0.80	0.80	0.81
China	7.24	7.57	7.98	8.17	8.41
Other Asia	8.79	9.11	9.24	9.16	9.24
Other Non-OECD	14.43	15.11	15.82	15.99	16.61
Total World Consumption	84.98	85.90	85.65	84.27	85.15
Inventory Net Withdrawals (million barrels per day)
U.S. (50 States)	-0.06	0.15	-0.19	-0.05	0.02
Other OECD	-0.19	0.07	-0.04	0.33	-0.10
Other Stock Draws and Balance	0.69	1.25	0.43	0.46	-0.17
Total Stock Draw	0.43	1.47	0.19	0.73	-0.24
End-of-period Inventories (million barrels)
U.S. Commercial Inventory	1031	968	1033	1029	1021
OECD Commercial Inventory	2663	2564	2651	2525	2554

^a	Supply includes production of crude oil (including lease condensates), natural gas plant liquids, other liquids, and refinery processing gains.
^b	Includes offshore supply from Denmark, Germany, the Netherlands, Norway, and the United Kingdom.
^c	Consumption of petroleum by the OECD countries is synonymous with "petroleum product supplied," which is defined in the glossary of the EIA Petroleum Supply Monthly, DOE/EIA-0109.
	Consumption of petroleum by the non-OECD countries is "apparent consumption," which includes internal consumption, refinery fuel and loss, and bunkering.

	- = no data available
	OECD = Organization for Economic Cooperation and Development: Australia, Austria, Belgium, Canada, the Czech Republic, Denmark, Finland,
	France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal,
	Slovakia, South Korea, Spain, Sweden, Switzerland, Turkey, the United Kingdom, and the United States.
	OPEC = Organization of Petroleum Exporting Countries: Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, Venezuela.
	Former Soviet Union = Armenia, Azerbaijan, Belarus, Estonia, Georgia, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine and Uzbekistan.
	Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
	Historical data: Latest data available from Energy Information Administration databases supporting the International Petroleum Monthly; and International Energy Agency, Monthly Oil Data Service, latest monthly release.
	Minor discrepancies with published hstorical data are due to independent rounding.
	Projections: Generated by simulation of the EIA Regional Short-Term Energy Model.